Shinhan Financial Group(SHG) - 2023 Q3 - Earnings Call Presentation

For SHB, retail lending decreased 2.5% YTD due to weaker demand on unsecured loans reflecting higher interest rates and tight DSR regulations, as well as asset securitization of mortgages Backed by strong loan demand from large corporates and quality SMEs, corporate lending grew by 5.5% YTD, driving SHB's loan growth 8 Non-interest Income Details of Non-interest Income Due to increased market volatility such as rising interest rates and KRW depreciation, securities-related income decreased by 36.6% QoQ. On ...